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Lebanon’s government raised the price of fuel Wednesday by about 25%, the National News Agency reported, effectively removing all subsidies on fuel products and pricing them at market rate amid ...
On 11 August 2021, the Lebanon central bank ended fuel subsidies, announcing that they would instead offer "credit lines for fuel imports based on the market price for the Lebanese pound". [40] The decision led to significant increases in fuel prices amid an economic crisis in the country, but the government was unable to alleviate shortages. [41]
In 2021, Iran sent five fuel tankers, all under the flag of Iran, to Lebanon. Since the financial crisis of Lebanon in August 2019, the country is experiencing a chronic shortage of fuel. The tankers were loaded from Iranian ports, after reaching the Syrian port, be trucked to Lebanon. Shipment delivery was made for Hezbullah. [1] [2] [3]
The 2024 Lebanon blackout is an ongoing total nationwide power outage across Lebanon that began on 17 August 2024 due to the state electricity company of Lebanon, Électricité du Liban, running out of fuel reserves for its power plants.
Algeria will immediately begin supplying Lebanon with fuel for its power plants, Algerian state radio said in a statement on Sunday, after Lebanon's electricity company said the day before its ...
The 2021 Lebanon blackout was a power outage in Lebanon that started on 9 October 2021, after two of the country's power plants shut down when they ran out of diesel fuel. The two power stations provided 40% of Lebanon's electricity. Due to this, the power grid was shut down nationwide. [1]
The Israeli military said the operations in Lebanon began on Monday night and involved the elite 98th division, which was deployed to the northern front two w ... Natural gas prices surge after ...
The primary energy use in 2009 in Lebanon was 77 TWh, 18 MWh per capita. [5] [6] In 2019, the total solar PV capacity was 78 MW, [7] and it reached 1300 MW at the end of 2023. [8] In August 2024, the situation reached a critical point when fuel reserves were completely depleted, leading to a nationwide blackout. [9]